HR 3102 · 106th Congress · Taxation

To amend the Internal Revenue Code of 1986 to eliminate foreign base company shipping income from foreign base company income.

Introduced 1999-10-19· Sponsored by Rep. Weller, Jerry [R-IL-11]· House

Bill Progress

✓
Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to the House Committee on Ways and Means.(1999-10-19)

Plain Language Summary

[AI summary unavailable — showing source text] Amends the Internal Revenue Code to eliminate foreign base company shipping income from inclusion as foreign base company income. Revises the definition of "shipping income" with respect to the application of the foreign tax credit.…

Summarized by Claude AI · Non-partisan · For informational purposes only

Cosponsors (10)

3 Democrats7 Republicans
Rep. Foley, Mark [R-FL-16]FL
Rep. Crane, Philip M. [R-IL-8]IL
Rep. Biggert, Judy [R-IL-13]IL
Rep. Shimkus, John [R-IL-20]IL
Rep. Manzullo, Donald A. [R-IL-16]IL
Rep. Hyde, Henry J. [R-IL-6]IL
Rep. Lipinski, William O. [D-IL-3]IL
Rep. Rush, Bobby L. [D-IL-1]IL
Rep. Ewing, Thomas W. [R-IL-15]IL
Rep. Phelps, David D. [D-IL-19]IL